You need to take care of the following for taking advantage of ads with a high CPC:
1. First and foremost, look at keywords with a high CPC. The most reliable tool for finding such keywords is the Google Adwords Keywords Tool. Remember to sign in into your Google account because it tends to show misconstrued results otherwise.
2. Ensure that the domain you're using with this keyword also has the keyword in its name. Ideally, try to have the keyword as the first word in the domain name. For example, if your keyword is "Money", try using it on a site with a domain name like money------.com
3. Next comes the content. This certainly isn't going to be easy! You will need to write high quality content that is optimized for your particular keywords. Remember, CPC also takes into account the quality of your content, as well as the keyword density on a particular page, as well as the entire website.
4. Aged domains always get higher CPC. Some of my domains that were perpetually stuck with a .03 CPC, now get well over a $1. Better content+Old Domain Name+CTR= Higher CPC.
Let me know if you have any more questions Akshat. All the best! Cheers!